Posted on 03/19/2011 9:44:01 PM PDT by philomath
The U.S. Coast Guard is currently investigating reports of a potentially massive oil sheen about 20 miles away from the site of the Deepwater Horizon oil rig explosion last April.
(Excerpt) Read more at examiner.com ...
Johnny on the spot with the graphic.
I’m laughing myself stupid right now...
Bush’s fault.
Don’t know much about W&T Offshore, Inc, the compamy that owns the closest rig. Finger pointing should begin about dawn between them and BP....
Another “kick in the pants” from God to the “Won”?
Didn’t the “Won” just give permission to Brazil’s PETROBAS to drill there, while OUR American citizens on the Gulf are bankrupted and added to the welfare rolls? Cloward/Piven strategy.)
George Soros will not be happy.
(keep kickin’, my Lord!)
But Obama went for a swim down there to send a message to the Coast Guard the crisis was over. Actually he swam in a back bay that was unaffected by the spill. Anywho, that’s how I lost my job last year.
heads up
Gulf Oil Crisis 2, coming to cable news near you.
This time, the oil isn’t taking no for an answer... seeping in revenge, with a mind full of carbon.
The site's a refreshingly cynical on our country's financial shenanigans and quite good.
Watching this now. Thanks
it's ok. It's Afro-sheen.
Its already taken out two and a half men...
It’s true that Obama makes all the wrong decisions but like Carter, he also seems to be unlucky (and unlike Clinton, who was lucky). The old saying is, “sometimes it’s better to be lucky than good.”
Interior Dept Gives Approval to Brazilian Oil Companys Gulf of Mexico Deep Water Facility
They are a small seat of the pants independent. They go for cheap shelf stuff, and maybe buy tail end facilities from bigger operators.
I dont know if they are drilling but it could be oil based mud if they got a leak in their riser.
That's not news. It's barely even unusual.
The following satellite image comes from 2006. Check out the huge natural slicks on the surface.
You would think this would be a major news story
Soros sold the last of the Petrobras stock in Aug of 2010, prior to the Petrobras stock offering.
Of course, Soros himself never owned any stock in Petrobras, it was the Soros Fund Management Firm that owned the stock. Undoubtedly Soros would benefit if the fund benefited, but most of the money in the fund belonged to others.
Following your link, note that Maulkin says "Obama chipped in $2 billion in loans"
That's accurate. After the Brazil Development Bank put in $14.5 billion, international banks put in $5.5 billion, and the China Development Bank put in $10 billion, that $2 billion loan from the US ExIm bank is a little chip.
Have you read the recent Forbes article published everywhere on the internet, except at Free Republic? It appears that Petrobras has never utilized the ExIm loan. Low interest loans are great but they are still loans with interest that have to be paid back. It is much more desirable to raise capital by selling stock.
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